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WSJ What’s News

What’s News in Markets: Lilly Surges, UnitedHealth Plummets, Netflix Aims for $1 Trillion

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 19 April 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Why did news from a weight-loss drug pill trial boost Eli Lilly? And how are costs in the Medicare business affecting UnitedHealth? Plus, what ambitious goals has Netflix set for itself? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com.

0:33.0

Hey listeners, it's Saturday, April 19th. I'm Francesca Fontana for the Wall Street Journal, and this is What's News and Markets,

0:41.0

our look at the biggest stock moves of the week and the news that drove them.

0:45.1

Let's get to it.

0:46.6

After some relative calm earlier in the week, the tariff angst came for the chip industry

0:51.6

on Wednesday and ended up weighing down tech stocks.

0:55.0

Also, turning stocks lower was a warning from Fed Chair Jerome Powell, who said there was a strong likelihood that the economy would take a hit from President Trump's trade war.

1:05.0

The Dow was also dragged down Thursday by disappointing results from United Health, with the healthcare Bellwether's share price

1:11.1

having an outsized effect on the price-weighted index.

1:14.3

But more on that in a bit.

1:15.9

And Friday, as you likely noticed,

1:17.9

the stock market was closed for good Friday.

1:21.0

On the week, the S&P 500 lost 1.5%,

1:24.4

the Dow fell 2.7%,

1:26.9

and the NASDAQ fell 2.6%.

1:30.3

First up, let's talk about some big movers outside of all the tariff drama, like Eli Lilly,

...

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